South-Eastern Asia: Ferro-Silico-Manganese Market 2024

Ferro-Silico-Manganese Market Size in South-Eastern Asia

The Southeast Asian ferro-silico-manganese market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a prominent expansion. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Ferro-Silico-Manganese Production in South-Eastern Asia

In value terms, ferro-silico-manganese production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Ferro-Silico-Manganese Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of ferro-silico-manganese were exported in South-Eastern Asia; declining by X% against 2021. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, ferro-silico-manganese exports rose rapidly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Malaysia (X tons) was the key exporter of ferro-silico-manganese, committing X% of total exports. It was distantly followed by Vietnam (X tons), creating a X% share of total exports. Indonesia (X tons) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the ferro-silico-manganese exports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) and Vietnam (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) remains the largest ferro-silico-manganese supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports.

In Malaysia, ferro-silico-manganese exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silico-manganese export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Ferro-Silico-Manganese Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of ferro-silico-manganese were imported in South-Eastern Asia; with an increase of X% against the previous year's figure. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, ferro-silico-manganese imports surged to $X in 2022. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

Indonesia was the largest importer of ferro-silico-manganese in South-Eastern Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Malaysia (X tons) ranks second in terms of the total imports with a X% share, followed by Thailand (X%), Vietnam (X%) and the Philippines (X%). The following importers - Singapore (X tons) and Myanmar (X tons) - each resulted at a X% share of total imports.

Indonesia was also the fastest-growing in terms of the ferro-silico-manganese imports, with a CAGR of X% from 2012 to 2022. At the same time, Myanmar (X%), Vietnam (X%), Singapore (X%), the Philippines (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Indonesia (X p.p.), Vietnam (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia and Thailand saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported ferro-silico-manganese in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, jumping by X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-silico-manganese import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform